7 hr & recruiting metrics you can't live without

Sponsored by Blogging4Jobs.com #HRsolutions

Get HRCI Recert Credits

• Visit http://b4j.com/hrciwebinars & register to get PHR, SPHR & GPHR

cert credits free.

http://b4j.com/hrciwebinars


Our Panelists

Jessica Miller-Merrell Rebecca Perot-Tripp


The Importance of Metrics


HR as a Business Partner


HR as a Business Partner

• Contributes to business performance• Promotes delivery of business

benefits• Maximizes employee engagement• Improves people management

activities• Supports legal & regulatory

complianceSource: HR – The Business Partner


Poll Question

• How large is your organization?


#1: Turnover


Annualized Turnover


Turnover

• Evaluated monthly • Measuring turnover by division,

team, department• Involuntary vs. Voluntary


#2: Cost Per Hire


Cost Per Hire

Read the full SHRM Benchmarking study at http://b4j.co/CPH-2012

http://b4j.co/CPH-2012


What is an Internal Cost?

• The more measure, the more accurate CPH actually is


#3: Total Compensation


Total Compensation

• Used to monitor labor costs

• Compares fixed vs. variable costs

• Metrics like benefit costs can be can be used as a comparison of total


4: Training Hours Per Employee


Training Hours Per Employee

• Further analysis of training hours by employee level or position compared to turnover

• Do employees believe they are receiving acceptable training & development

• How can we translate that into a business result?


#5: Revenue Per Employee


Revenue Per Employee

• Helpful in evaluating lost revenue based on position openings

• Useful for department or company• Used to compare top performers


#6: HR to Employee Ratio


Poll Question

• What is your HR to Employee ratio?


#7: HR as an Expense Factor


HR as an Expense Factor

• Helps establish baseline expense & organizational importance

• Human capital vs. HR


The Secret to the Seat at the Table

• Focusing on business case• Providing reports & analysis to

business leaders• Creating pilots to test organizational

changes• Setting clear expectations• Building alliances with key

stakeholders


Get HRCI Recert Credits

• Visit http://b4j.com/hrciwebinars & register to get PHR, SPHR & GPHR

cert credits free.

http://b4j.com/hrciwebinars


Questions?


Learn more about . . .

• Rebecca Perot-Tripp atwww.linkedin.com/in/rebeccaperottripp• Jessica Miller-Merrell at

www.blogging4jobs.com

Additional resources: SHRM Benchmarking study at http://b4j.co/CPH-2012

http://www.linkedin.com/in/rebeccaperottripp

http://www.blogging4jobs.com/

http://b4j.co/CPH-2012